Globalstar Inc
GSAT62.890USD
-0.360-0.57%
Close 12/26, 16:00（ET）Quotes delayed by 15 min
7.98BMarket Cap
LossP/E TTM
More Details of Globalstar Inc Company
Globalstar, Inc. is an international telecom infrastructure provider. It provides mobile satellite services, including voice and data communications and wholesale capacity services through its global satellite network. Its low earth orbit (LEO) satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Its terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks to improve customer wireless connectivity, while its XCOM RAN product offers capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, it offers Internet of things (IoT) hardware and software products for tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions.
Globalstar Inc Info
Ticker SymbolGSAT
Company nameGlobalstar Inc
IPO dateNov 02, 2006
CEOJacobs (Paul E)
Number of employees389
Security typeOrdinary Share
Fiscal year-endNov 02
Address1351 Holiday Square Blvd.
CityCOVINGTON
Stock exchangeNASDAQ OMX - NASDAQ BASIC
CountryUnited States of America
Postal code70433-6144
Phone14089334000
Websitehttps://www.globalstar.com/
Ticker SymbolGSAT
IPO dateNov 02, 2006
CEOJacobs (Paul E)
Company Executives of Globalstar Inc
Name
Name/Position
Position
Shareholding
Change
Dr. Paul E. Jacobs, Ph.D.
Dr. Paul E. Jacobs, Ph.D.
Chief Executive Officer, Director
Chief Executive Officer, Director
1.38M
+3.36%
Mr. James F. Lynch
Mr. James F. Lynch
Director
Director
811.63K
-7.75%
Mr. William Albert (Bill) Hasler, CPA
Mr. William Albert (Bill) Hasler, CPA
Independent Director
Independent Director
59.91K
+5.89%
Ms. Rebecca S. Clary
Ms. Rebecca S. Clary
Chief Financial Officer, Vice President
Chief Financial Officer, Vice President
58.56K
-8.73%
Mr. Keith O. Cowan
Mr. Keith O. Cowan
Independent Director
Independent Director
22.78K
+17.14%
Mr. Benjamin G. (Ben) Wolff
Mr. Benjamin G. (Ben) Wolff
Independent Director
Independent Director
21.86K
+17.99%
Mr. Timothy E. Taylor
Mr. Timothy E. Taylor
Vice President - Finance, Business Operations and Strategy, Director
Vice President - Finance, Business Operations and Strategy, Director
--
--
Mr. James (Jay) Monroe, III
Mr. James (Jay) Monroe, III
Executive Chairman of the Board
Executive Chairman of the Board
--
--
Mr. L. Barbee Ponder, IV
Mr. L. Barbee Ponder, IV
Vice President - Regulatory Affairs, General Counsel
Vice President - Regulatory Affairs, General Counsel
--
--
Name
Name/Position
Position
Shareholding
Change
Dr. Paul E. Jacobs, Ph.D.
Dr. Paul E. Jacobs, Ph.D.
Chief Executive Officer, Director
Chief Executive Officer, Director
1.38M
+3.36%
Mr. James F. Lynch
Mr. James F. Lynch
Director
Director
811.63K
-7.75%
Mr. William Albert (Bill) Hasler, CPA
Mr. William Albert (Bill) Hasler, CPA
Independent Director
Independent Director
59.91K
+5.89%
Ms. Rebecca S. Clary
Ms. Rebecca S. Clary
Chief Financial Officer, Vice President
Chief Financial Officer, Vice President
58.56K
-8.73%
Mr. Keith O. Cowan
Mr. Keith O. Cowan
Independent Director
Independent Director
22.78K
+17.14%
Mr. Benjamin G. (Ben) Wolff
Mr. Benjamin G. (Ben) Wolff
Independent Director
Independent Director
21.86K
+17.99%
Revenue Breakdown
Currency: USDUpdated: Mon, Oct 6
Currency: USDUpdated: Mon, Oct 6
FY2025Q2
FY2025Q1
FY2024
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022
FY2022Q4
FY2022Q3
FY2022Q2
FY2021
FY2020
FY2019
By BusinessUSD
Name
Revenue
Proportion
Service revenue - Wholesale capacity services
42.38M
63.12%
Service revenue-SPOT
9.22M
13.74%
Service revenue-Commercial IoT
7.05M
10.50%
Subscriber equipment sales
3.93M
5.86%
Service revenue-Duplex
3.68M
5.48%
Service revenue-Engineering and other
879.00K
1.31%
Relevant data have not been disclosed by the company yet.
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
Service revenue - Wholesale capacity services
42.38M
63.12%
Service revenue-SPOT
9.22M
13.74%
Service revenue-Commercial IoT
7.05M
10.50%
Subscriber equipment sales
3.93M
5.86%
Service revenue-Duplex
3.68M
5.48%
Service revenue-Engineering and other
879.00K
1.31%
Shareholding Stats
Updated: Mon, Nov 24
Updated: Mon, Nov 24
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Monroe (James III)
58.15%
The Vanguard Group, Inc.
4.10%
BlackRock Institutional Trust Company, N.A.
2.64%
Greenhouse Funds LLLP
1.69%
Ashford Capital Management, Inc.
1.11%
Other
32.31%
Shareholders
Shareholders
Proportion
Monroe (James III)
58.15%
The Vanguard Group, Inc.
4.10%
BlackRock Institutional Trust Company, N.A.
2.64%
Greenhouse Funds LLLP
1.69%
Ashford Capital Management, Inc.
1.11%
Other
32.31%
Shareholder Types
Shareholders
Proportion
Individual Investor
60.53%
Investment Advisor
14.20%
Investment Advisor/Hedge Fund
6.55%
Hedge Fund
3.40%
Research Firm
0.69%
Bank and Trust
0.15%
Pension Fund
0.08%
Insurance Company
0.01%
Venture Capital
0.01%
Other
14.38%
Institutional Shareholding
Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
471
29.71M
23.43%
-4.41M
2025Q2
459
104.11M
82.24%
-2.05M
2025Q1
473
104.06M
82.21%
-2.18M
2024Q4
471
102.52M
81.09%
-1.06M
2024Q3
444
102.51M
81.52%
+93.87K
2024Q2
430
101.70M
80.88%
-151.99K
2024Q1
427
100.78M
80.33%
-467.05K
2023Q4
415
100.30M
82.66%
+4.04M
2023Q3
408
97.19M
80.27%
+1.11M
2023Q2
392
95.11M
79.26%
-2.79M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Monroe (James III)
73.76M
58.23%
+425.00K
+0.58%
Mar 25, 2025
The Vanguard Group, Inc.
5.08M
4.01%
+58.37K
+1.16%
Jun 30, 2025
BlackRock Institutional Trust Company, N.A.
3.29M
2.6%
-36.67K
-1.10%
Jun 30, 2025
Greenhouse Funds LLLP
2.03M
1.6%
+209.82K
+11.56%
Jun 30, 2025
Ashford Capital Management, Inc.
1.36M
1.07%
-23.77K
-1.72%
Jun 30, 2025
Jacobs (Paul E)
1.38M
1.09%
+45.00K
+3.36%
Sep 25, 2025
State Street Investment Management (US)
1.22M
0.96%
-61.89K
-4.83%
Jun 30, 2025
Geode Capital Management, L.L.C.
1.27M
1.01%
+20.51K
+1.64%
Jun 30, 2025
American Century Investment Management, Inc.
1.01M
0.8%
+287.16K
+39.49%
Jun 30, 2025
View more
Related ETFs
Updated: Sat, Dec 6
Updated: Sat, Dec 6
Name
Proportion
Procure Space ETF
6.49%
State Street SPDR S&P Telecom ETF
4.05%
Defiance Next Gen Connectivity ETF
2.68%
WisdomTree New Economy Real Estate Fund
1.37%
First Trust Small Cap Growth AlphaDEX Fund
0.96%
Global X Internet of Things ETF
0.64%
JPMorgan Diversified Return U.S. Small Cap Equity ETF
0.58%
First Trust Small Cap Core Alphadex Fund
0.48%
Nuveen ESG Small-Cap ETF
0.25%
Fidelity MSCI Communication Services Index ETF
0.19%
View more
Procure Space ETF
Proportion6.49%
State Street SPDR S&P Telecom ETF
Proportion4.05%
Defiance Next Gen Connectivity ETF
Proportion2.68%
WisdomTree New Economy Real Estate Fund
Proportion1.37%
First Trust Small Cap Growth AlphaDEX Fund
Proportion0.96%
Global X Internet of Things ETF
Proportion0.64%
JPMorgan Diversified Return U.S. Small Cap Equity ETF
Proportion0.58%
First Trust Small Cap Core Alphadex Fund
Proportion0.48%
Nuveen ESG Small-Cap ETF
Proportion0.25%
Fidelity MSCI Communication Services Index ETF
Proportion0.19%
Dividend
A total of
0.00
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
No Data
Stock Split
Date
Type
Ratio
Jan 21, 2025
Merger
15→1
Jan 21, 2025
Merger
15→1
Jan 21, 2025
Merger
15→1
Jan 21, 2025
Merger
15→1
Date
Type
Ratio
Jan 21, 2025
Merger
15→1
Jan 21, 2025
Merger
15→1
Jan 21, 2025
Merger
15→1
Jan 21, 2025
Merger
15→1
FAQs
Who are the top five shareholders of Globalstar Inc?
The top five shareholders of Globalstar Inc are:
Monroe (James III) holds 73.76M shares, accounting for 58.23% of the total shares.
The Vanguard Group, Inc. holds 5.08M shares, accounting for 4.01% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 3.29M shares, accounting for 2.60% of the total shares.
Greenhouse Funds LLLP holds 2.03M shares, accounting for 1.60% of the total shares.
Ashford Capital Management, Inc. holds 1.36M shares, accounting for 1.07% of the total shares.
Monroe (James III) holds 73.76M shares, accounting for 58.23% of the total shares.
The Vanguard Group, Inc. holds 5.08M shares, accounting for 4.01% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 3.29M shares, accounting for 2.60% of the total shares.
Greenhouse Funds LLLP holds 2.03M shares, accounting for 1.60% of the total shares.
Ashford Capital Management, Inc. holds 1.36M shares, accounting for 1.07% of the total shares.
What are the top three shareholder types of Globalstar Inc?
The top three shareholder types of Globalstar Inc are:
Monroe (James III)
The Vanguard Group, Inc.
BlackRock Institutional Trust Company, N.A.
Monroe (James III)
The Vanguard Group, Inc.
BlackRock Institutional Trust Company, N.A.
How many institutions hold shares of Globalstar Inc (GSAT)?
As of 2025Q3, 471 institutions hold shares of Globalstar Inc, with a combined market value of approximately 29.71M, accounting for 23.43% of the total shares. Compared to 2025Q2, institutional shareholding has increased by -58.82%.
What is the biggest source of revenue for Globalstar Inc?
In FY2025Q2, the Service revenue - Wholesale capacity services business generated the highest revenue for Globalstar Inc, amounting to 42.38M and accounting for 63.12% of total revenue.
